Articles by Rachelle Dragani

Yelp's revenue and monthly unique visitors rose during its most recent quarter, but the site still reported a net loss as it funded expansion into new markets The site, which provides information and crowdsourced reviews about local restaurants, entertainment and businesses, reported a net loss of US$5.32 million, or 8 cents per share, compared to ...

Zynga's shares got a lift from better-than-expected earnings reported earlier this week. The picture wasn't entirely rosy, though. The maker of once-popular social media games such as FarmVille and Mafia Wars reported revenue of $311 million for Q4, flat compared to the year-ago quarter. Analysts were expecting closer to $250 million Zynga admitted...

Twitter has joined a rapidly growing list of U.S. companies to report a major cybersecurity incident. The social network admitted late last week that it was able to shut down a live attack, but not before hackers may have been able to access personal information on 250,000 users The social network said in a Friday blog post that the usernames, emai...

Facebook's rise in overall ad revenue helped the company beat Wall Street expectations on its quarterly earnings, but promises from the company to continue spending heavily in hiring and new initiatives kept investors from sending the stock price soaring The company reported this week that its overall revenue increased 40 percent to US$1.59 billion...

Nintendo lowered expectations for sales of its Wii U gaming system Wednesday, revealing that not as many gamers are buying the recently launched console as the company previously hoped Nintendo adjusted projections on hardware and software products throughout the company, but Wii U sales expectations took the hardest hit. The company originally hop...

Google has added more detail to its map of North Korea this week, giving users a better glimpse into the infrastructure of the highly secretive country. Much of the map is still relatively blank compared with Google's detailed maps of other countries. In some parts, though, the map shows information such as roads, schools, parks and waterways, esp...

It is now illegal to unlock a cellphone, thanks to a decision late last year by the Library of Congress that went into effect on Saturday. That decision eliminated an exemption to the Digital Millennium Copyright Act (DMCA) that gave users the right to legally unlock a device in order to use a different provider's network. The Library kept the exe...

Microsoft reported an earnings slip in its second fiscal quarter on Thursday, despite strong sales from itindows 8 operating system that gave overall revenue a boost. It brought in US$21.46 billion in revenue, a 3 percent increase from the same period a year ago. However, its net income of $6.4 billion, or 76 cents per share, was down from the $6....

Microsoft reportedly is in talks to invest in Dell as the struggling PC maker explores its options outside the public market. The software giant has been meeting with representatives from Dell and Silver Lake Partners to discuss a deal that would involve an investment of up to US$3 billion, according to multiple reports. Tha could give Microsoft a...

Apple's stock fell after the company released its most recent quarterly report, despite record revenue, iPad and iPhone sales. It posted US$13.1 billion, or $13.81 per share, in net income for its first fiscal quarter on revenue of $54.5 billion. Net income was flat compared with the same period a year earlier, but revenue was up 18 percent from the $46.3 billion it earned in the year-ago quarter.

Groupon is halting its gun-related daily deals in the wake of an increased awareness about gun violence in the U.S. The site's coupons for gun-related materials and activities, including shooting ranges, conceal-and-carry and clay shooting are under review and suspended indefinitely....

Google is envisioning a future in which email and online banking accounts are safer thanks to technology that would add a physical component to security protection, according to a report from Wired Members of the Google security team will publish a paper in next month's IEEE Security & Privacy Magazine examining scenarios in which passwords would b...

Dish Network has asked the U.S. Federal Communications Commission to pause its review of Softbank's proposed US$20.1 billion acquisition of Sprint while the two companies battle over their bids to buy Clearwire Dish contended in a filing this week that the FCC's review of Softbank's acquisition is "unripe for consideration" since full ownership of...

A rapidly increasing number of mobile shoppers gave eBay the boost it needed to turn in fourth-quarter results that beat analyst expectations Revenue jumped 18 percent to US$3.99 billion for the quarter, giving eBay a profit of $751 million during the quarter that included the holiday season, when measured on a GAAP basis. Although this represents ...

Investors sent Dell stock soaring Monday when reports surfaced that the struggling PC maker is in discussions to go private. Representatives from the third-largest PC maker are in talks with TPG Capital and Silver Lake about a private-equity investment that would give Dell breathing room to regroup outside the public eye, according to a report fro...

The creators of Wikipedia are launching a new travel site, Wikivoyage, aimed at providing worldwide travelers with free, up-to-date information about attractions, lodging, restaurants, nightlife and other essential on-the-go information. The Wikimedia Foundation's online travel initiative, which is officially launching Tuesday, reportedly has been...

Google is facing pressure from the European Union to change the way it presents its search results or face antitrust charges. The EU is concerned that Google is abusing its position as a search leader by promoting its own search services, such as its maps, weather or online shopping information, over another site that provides the same information...

The FCC plans to open up a new batch of wireless spectrum to bring faster and more reliable access to public WiFi hotspots, its chairman announced Wednesday during a talk at the 2013 CES, although it will have to overcome some obstacles. The commission seeks to free up 195 Mhz of spectrum in the 5 GHz band, the largest block of unlicensed spectrum...

Dish Network has made a multifaceted offer to acquire all or part of Clearwire, potentially complicating Sprint's recent proposal to acquire the rest of the wireless network operator Sprint, which is already Clearwire's majority stakeholder, last month announced a proposal to buy the remaining 49 percent of Clearwire. The agreement is still subject...

Samsung on Tuesday predicted record earnings for the fourth quarter as its mobile device line, led by the popular Galaxy S III, continued to dominate the smartphone market. In an earnings preview, the company estimated its operating profit will jump to about US$8.3 billion for the quarter -- an 88.8 percent increase from the same period last year ...